Natural Gas Price (Henry Hub)
Spot price of natural gas at the Henry Hub in Louisiana, the US natural gas benchmark, in US dollars per million BTU.
2.70
USD per Million BTU
Natural Gas Price (Henry Hub) — latest reading: 2.70 usd per million btu. As of August 2026, it is up 5.5% over the past 12 months, below its 10-year average. Source: DHHNGSP, US Energy Information Admin., published daily. Reported as published, without transformation; the publisher may revise it.
Min
0.00
Max
30.72
Average
3.87
10Y Percentile
36%
3M Change
-8.2%
Natural Gas Price (Henry Hub) (DHHNGSP) — 5000 observations from 2006-11-21 to 2026-08-25. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
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Revisions
None. Across the 12 most recent prints held in the vintage archive, Natural Gas Price (Henry Hub) was published once each and never restated. Market series behave this way; survey and sample-based statistics generally do not. How this is computed.
Macro Regime Context
The market regime is currently neutral (60% confidence).
See what this means across all four regime dimensions →3-Month
-8.2%
6-Month
-2.5%
12-Month
+5.5%
What this means
Natural Gas Price (Henry Hub) is currently at 2.70 usd per million btu, which is below its 10-year historical average. The trend is decreasing (-8.2% over the past 3 months).
Over the past 6 months the change is -2.5%, and over 12 months it is +5.5%. The short-term move is accelerating relative to the longer trend.
Frequently Asked Questions
What is the Henry Hub natural gas price?
Henry Hub is a pipeline interchange in Louisiana that serves as the delivery point for US natural gas futures, making its spot price the American gas benchmark. It is published every business day by the US Energy Information Administration.
Why does natural gas matter for macro readings?
Gas prices feed into household energy bills, electricity generation costs and industrial input costs, so they appear in inflation data with a lag. Gas is also among the most volatile widely-tracked prices, which is why a single day's move is best read against the series' own history rather than in isolation.
Does this reflect European gas prices?
No. Henry Hub is a US price. European gas trades on separate hubs and can move very differently, since the two markets are linked only by liquefied-gas shipping capacity. This page makes no claim about European prices.
How often is the natural gas price updated?
Every business day, published by the US Energy Information Administration and sourced here from FRED.
Cite this page
MacroRadar, "Natural Gas Price (Henry Hub)," https://www.macroradar.io/natural-gas-price (as of August 2026).